Straits Times Index   

STI to cross 3000 boosted by long-term investors

flee while u can... markets rise too fast too furious..

aftermath will be also too fast too furious..

 

not sure if the market can substains. Seems like after sub-prime, still got rising food and fuel prices to worry about.. never-ending

 

any opinions on how the STI will react today? it went up super high on the US Markets...and it gave me the feeling that was of the Fed cut days in which ppl sell into strength and profit-take...also clueless how the market will react

 

STI will cheong today. At least +70 points! 

 

AK,  hv no confidence in future market performance cos data frm US 2morrow night till friday night cud b negative but again cud b positve AND negatif cud b viewed as positif n vice versa......dunno how 2 hv confidence in market  performance.  will get in when market stabilise....when (dun think anybody knows).

 

Actually this few weeks have kind of been predictable. Not too high not too low. Up and down up and down. Good to play if you buy sell buy sell.

 

 

What AK opine is that, the next US announcement is coming Thu, there is still room for up trend for STI for tomorrow(Wed) and day later(Thu). However, its need to wacth out next Mon market, as US will announce the employment Index on US Fri. Nonetheless, its still not that bad if you decide to unload counters on coming Fri, if you are confident in future market performance.

 

2morrow 4 ppl 2 unload AND 4 hit n run, not wise 2 buy 2morrow, hopefully 2 sell the day after 4 higher profits....just hit n run, tt's the game these days......anyway it's ur $$$, so decision is solely urs.

 

AK think what you all in minds is Yangz and ChinaEng lah. Now DJ is at 259 up trend, hoe saih leow loh. Hope it will rally till next morning. I hv already bought some Yangz on Mon. Hope for the best, cheers.

 

I agree with Livermore and is particularly in favour of small cap stock. As you can see 1 lot of $50 shares is equivalent to 10 lots of $5 shares or 100 lots of $0.50 or 1000 lots of $0.05 shares. So that goes to says that a $0.01 increase in a $0.05 shares is quivalent to $0.10 increase in $0.50 share which is also $1 increase from a $5 shares or a $10 increase in a $50 shares.

But it is faster to take profit in a small cap if you buy sell buy sell.

 

 

Despite some negative comments on China stocks, China stocks are still my bet. But find the right one. You have been reading a lot of investment theme which just go on and on - commodities, infrastructure etc. Find those stocks with such themes and with good results the past few years with low valuation and you get a winning stock.

Clues are given in papers but in a indirect way:)  

 

Singapore market will be CHEONG tomorrow ? Good luck to all for those vested

 

In the good old days (that was in Oct 2007), volumes were trading at twice the volumes we see these days.

cyjjerry85      ( Date: 01-Apr-2008 15:00) Posted: i guess many of us have been noticing the volume and understand tt it plays an important part in trading...in ur view (anyone...)...care to share what is considered a healthy volume? will a significant increase be considered healthy (e.g. 2 weeks ago...volume was 1 billion+ on avg...but last week we did saw a day that gained 2billion)?   singaporegal      ( Date: 31-Mar-2008 21:35) Posted: Trading volumes still relatively low. Support levels will be easy to breach.

 

Hi livermore

Can u gif some counters u have in mind???

 

Hi StupidFool,

Don't always focus on blue chips. I prefer to focus on those that can become "blue". You can't make much buying blue chips unless you have a huge capital. Don't need to focus on companies with dividends but focus on those with growth potential and low valuation

 

 

 

stupidfool      ( Date: 01-Apr-2008 13:54) Posted: There are no secrets to picking value shares.The key is abilility to hold long term  as opposed to short term or trading in shares. Go for companies with track record of ability to pay regular and consitent dividends. Rule of thumb is to buy counters with PE of 12 or less.Price to Book Value of no more than 3. Thus companies like SIA,SPC,Keppel corp,UOB and DBS to name a few will fall in this category. Just my opinion and for sharing. eltan1      ( Date: 01-Apr-2008 12:08) Posted: Hi sarahlkh, Am new to trading.  you've mentioned in your last post that picking value shares are the best bets.  How do I know which ones are value shares?

 

thanks to sarahlkh and stupidfool for sharing.

 

i guess many of us have been noticing the volume and understand tt it plays an important part in trading...in ur view (anyone...)...care to share what is considered a healthy volume? will a significant increase be considered healthy (e.g. 2 weeks ago...volume was 1 billion+ on avg...but last week we did saw a day that gained 2billion)?
 

singaporegal      ( Date: 31-Mar-2008 21:35) Posted: Trading volumes still relatively low. Support levels will be easy to breach. cyjjerry85      ( Date: 31-Mar-2008 18:33) Posted: well...at least we are still above the 3000 psychological support level

 

same call from my chart below(qoute) and a qoute from the father of EW

"Panics are sudden emotional mass realizations of reality. At these points, reason suddenly impresses itself upon the mass psyche, saying, 'Things have gone too far. The current levels are not justified by reality.' To the extent that reason is disregarded, then, will be the extent of the extremes of mass emotional swings and their mirror, the market. ? When the fifth wave of the fifth wave tops out, we need not ask why it has done so. Reality, again, will be forced upon us. The laws of nature will have to be patiently relearned."

~ Elliott Wave Principle ? Key to Market Behavior (1978)

moneyface      ( Date: 31-Mar-2008 14:52) Posted: if sti does not close above 3058 this few days. prepare for the below 3000 mark... caveat